Snap’s Stock Drops as iPhone Privacy Controls Pinch Ad Sales
The revelation in Snap Inc.’s third-quarter earnings report sparked a sell-off in after-hours trading that could foreshadow one of the biggest one-day drops in the company’s stock since it went public in 2017. Snap’s shares plunged by nearly 22% in Thursday’s extended trading. If that decrease is mirrored in Friday’s regular trading session, it will…